Federal Reserve Chair Jerome Powell indicated that the Fed is unlikely to cut interest rates soon, despite President Trump's demands. The Fed kept rates unchanged at 4.3% for the fifth time this year, with signs of dissent among board members. Powell noted it could take months to assess the impact of Trump's tariffs on inflation. The odds of a September rate cut have decreased, and Powell emphasized the need for caution to avoid negative impacts on inflation and the job market. The economy showed a 3% growth rate in Q2, but concerns about job growth persist.